I can tell there's some After Effects (or a similar program) being used to manipulate the edits here so they more effectively deliver the illusion of consistent movement between frames. The sound effects are extremely well chosen, too.

Could a style like this be used to tell a longer story? Sure, but it might become tiresome and uncomfortable to watch. A style like this, that is so un-polished, could really only be used for something this short, but what a style it is. There's a lot of raw energy and creativity at work here.